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Article: Standard Life and Resolution to earn their places in the FTSE 100.
- Article from:
- Financial Advisor
- Article date:
- September 14, 2006
CopyrightCOPYRIGHT 2006 FT Business. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Two more financial services companies have gained entry to the FTSE 100.
Standard Life and Resolution will join on 18 September after the FTSE Company's quarterly review of the blue-chip index.
The five life offices that are currently occupying the FTSE 100 are Aviva , with a market capitalisation of AGBP18.9bn, Prudential with AGBP14.1bn, Old Mutual with AGBP8.8bn, Legal & General with AGBP8.6bn, with Friends Provident bringing up the rear with AGBP4m.
Standard Life will be joining after just over two months as a listed company, in which its shares increased from their starting price of 230p to 267p.
Scott White, head of media ...